The fate of MedCable unresolved following sale of Djezzy by VEON

Alcatel built the submarine cable linking Marseille to Algiers in 2005 for use by the Algerian mobile operator.

22/08/2022 at 16h10, by Africa Business+

On 5 August, the Dutch-based VEON telecom group announced the sale of 46% of the capital held in the operator Djezzy to the Algerian National Investment Fund (FNI). With 14.5 million customers, Djezzy is number two in the local mobile market.

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